Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Dubai Mercantile Exchange Launches Four Inter-Exchange Spreads On CME Globex®

Date 15/11/2009

Effective today, Sunday, November 15, 2009 (for trade date Monday, November 16), four NYMEX-DME Implied Inter-Exchange Spreads will be listed for trading on CME Globex® platform.

The following spreads will be available for trading:

  • NYMEX Brent Crude Oil Last Day - DME Oman Crude Oil Futures IES (BZ-OQD)
  • NYMEX Light 'Sweet' Crude Oil - DME Oman Crude Oil Futures IES (CL-OQD)
  • NYMEX Brent Crude Oil Last Day - DME Oman Crude Oil Financial Futures IES (BZ-ZGD)
  • NYMEX Light 'Sweet' Crude Oil - DME Oman Crude Oil Financial Futures IES (CL-ZGD)

In order to trade these Inter-Exchange Implied Spreads, DME customers must be authorized to trade the products of both exchanges (NYMEX and DME).

DME customers are encouraged to contact their clearing members in order to obtain access to trade these spreads and their market data vendors for market data setup instructions. For more information, please go to: http://www.cmegroup.com/globex/files/IESClImp.pdf